Raytheon Secures $193.7M Army Contract for TOW Missile Procurement

Raytheon, Tucson, Arizona, was awarded a $193,705,262 modification (P00019) to contract W31P4Q-23-C-0026 for procurement of tube-launched optically tracked wireless guided missiles. The modification brings the total cumulative face value of the contract to $193,705,262. Work will be performed in Tucson, Arizona, with an estimated completion date of Sept. 30, 2028. Fiscal 2024 other procurement, Army funds in the amount of $46,762,368; and fiscal 2025 other procurement, Army funds in the amount of $2,679,094, were obligated at the time of the award. Army Contracting Command, Redstone Arsenal, Alabama, is the contracting activity.